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Barton Gold Holdings Limited (ASX:BGD)

ALERT: Price-sensitive ASX Announcement for BGD
Current share price for BGD : $0.740 -0.055 (-6.92%)+
Announcement
Release
22 Jun 2026 8:55AM
Price at Release
$0.795
Full Release
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Summary
Barton Gold Holdings Limited has initiated a Pre-Feasibility Study (PFS) for its Tunkillia Gold Project in South Australia, with GR Engineering Services Limited appointed to lead the study. The project anticipates a substantial economic return with annual production of approximately 120,000 ounces of gold and 260,000 ounces of silver, capable of generating $1.75 billion in operating profit within the first 27 months. The study is supported by extensive drilling programs targeting resource upgrades and is scheduled for completion in Q1 of 2027. Barton plans to use the PFS to advance a Mining Lease application and expedite project finance.
Key Points
  • Pre-Feasibility Study (PFS) initiated for Tunkillia Gold Project
  • GR Engineering Services Limited leading the PFS
  • Projected annual production: 120,000oz gold, 260,000oz silver
  • $1.75 billion operating profit expected in first 27 months
  • Study supported by extensive drilling programs
  • PFS completion targeted for Q1 2027
  • PFS will support Mining Lease application and project finance
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.